UNIT 3 ASSIGNMENT

  

Assignment Details

Financial Statements

Unit outcomes addressed in this Assignment:

• Assess the purposes and components of financial statements, including the income statement and balance sheet.
• Interpret financial accounting information.

Course outcome addressed in this Assignment:

• HA520-4: Assess cost concepts, management control processes of budgeting, revenue cycle management, working capital, time value analysis, capital budgeting analysis, and long-term financing decisions.

Instructions

Solve the following financial problems from your textbook, and submit the answers, including your work, in a Word or Excel document:

Problem 3.5 from page 114, Chapter 3

Problem 4.5 from page 153, Chapter 4

Problem 4.6 from page 153, Chapter 4

Submitting Your Work

Put your responses in a Microsoft Word or Excel document. Save it in a location and with the proper naming convention: username-Course Name-section-Unit x_Assignment.doc (username is your University username, section is your course section, x is your unit number).

To view your graded work, come back to the Dropbox or go to the Gradebook after your instructor has evaluated it. Make sure that you save a copy of your submitted work.